Signature of Lease: CONET Will Move its Headquarters to Bonn in 2022

Hennef, December 17, 2021. In the autumn of 2022, the leading German IT consulting company CONET will relocate its headquarters from Hennef to neighboring Bonn. The CONET Group will merge the three previous locations in Hennef and Niederkassel in the “Neuer Kanzlerplatz” urban district currently being developed. With the signing of the lease for the central tower between CONET Technologies Holding GmbH and Art-Invest Real Estate, the relocation planning for the currently around 700 employees of the IT company in the Bonn / Rhein-Sieg region begins. With the relocation of the company headquarters, CONET is increasing the customer proximity to its numerous public clients still based in the former German capital, improving the cooperation of its own expert teams at a central location and at the same time using the opportunity to offer its employees modern working environments.

"We are very pleased to have found an ideal new location for our corporate headquarters", explains Anke Höfer, CEO of CONET Group. “Our successful growth in recent years has already pushed us to the limits of our office properties some time ago. With the current distribution of our teams over two buildings in Hennef and further offices in Niederkassel, we are not meeting our requirements to be easily accessible for our customers and to offer our employees a modern and team-oriented working environment."

"From the attractive location to the great flexibility in the design of our future offices – the overall package at Neuer Kanzlerplatz is just perfect for us," adds Josef Ranner, CFO of CONET Group. "We are looking forward to our new company headquarters and to designing our new 'professional home' according to our ideas and requirements."

"With CONET, we have found a tenant for Neuer Kanzlerplatz who not only fits in perfectly with our vision and the project, but also strengthens Bonn as an important IT hub," says Arne Hilbert, Managing Director at Art-Invest Real Estate. “Modern, innovative and dynamic, CONET complements the tenant mix of the Neuer Kanzlerplatz with an IT service provider who actively accompanies the process of digital transformation and puts the focus on people in its work, both internally and externally. We are very happy to be able to create new perspectives for modern living and working together in our quarter."

"The acquisition of another anchor tenant before completion shows impressively that properties in good locations with modern, flexible and sustainable space remain in demand even in difficult times," says Sven Lintl, Head of Asset Management Germany at Union Investment. The Hamburg real estate investment manager acquired the projected office district in 2018 as part of a forward funding. The office complex is part of the portfolio of the open-ended real estate fund UniImmo: Deutschland.

Art-Invest Real Estate is a long-term oriented investor, asset manager and project developer of real estate in excellent locations with value creation potential. The focus is on the metropolitan regions in Germany, Austria and Great Britain. Art-Invest Real Estate pursues a "Manage to Core" investment strategy with institutional investors, selected joint venture partners and with its own capital. The range of investments extends across the entire risk-return spectrum in the office, inner-city retail, hotel, residential and data center sectors. The company, founded in 2010, currently manages real estate assets of more than 7 billion euros, making it one of the largest project developers for offices and hotels in Germany.

Further information on the city quarter "Neuer Kanzlerplatz" is available at: https://neuer-kanzlerplatz.de

Union Investment has stood for forward-looking real estate investments worldwide for more than 50 years. Union Investment is one of the leading real estate investment managers in Europe with managed assets in open-ended mutual real estate funds, special funds as well as service and bundling mandates of around 50 billion euros. The company invests in the areas of office, retail, catering, logistics and living and has around 450 properties in 24 countries in its actively managed portfolio.